Show = FiNANCE AND MINING The question of an Outlet For Our Grain i RECEIPTS OF ORE AND BULLION Sharps View Zions Board istop TradeAdvantages of Cache of oerSoatl Counties Banlc Jteceipts The Mines f j i I was much impressed stated a llcnt merchant to a HEBALD J croBJienl representative yesterday with the views of > our correspondent last Sunday Sun-day on Utahs flouring interests par tieuhrlY with that part of it wherein he saga u that some prominent manlike man-like ghOp Sharp be asked by Utah faJ11lers to present their grievances to who control the railroads It has dose since occurred to me that we have a which ought to serve us batter neans than any other I know of in getting this question into shapeZions Board of Trade a branch of which exists in every stake or every county What more important and fitting task could they undertake than to solve this ques Gun OUO of such vital importance to the great class of farmers our Territory Terri-tory and one that in my opiniont forms the key to the restoration 01 good times how to find an outlet for oar surplus grainy Conference will be here in a few days and I suppose all the Boards of Trade will have representatives represent-atives ui the city Let them hold a meeting as soon as possible j Lear the reports of what grain each wanty has more than she needs for her own contraption then let them appoint delegates to inquire into Acre the proper markets for Utah products lie whether in Montana Mon-tana Idaho Colorado or all three let them figure on thc freight rate they mn t have to compete with the States supplying those points and then let them unite on some good man or set of men to lay the whole thing before be-fore President Charles Francis Adams and whoever eke has the power to grant the prayer Zions Board Trade in my opinion could do a great deal towards wards helping the farmer Cache County Is supplving Wood River and some points in Montana with wheat and BOUT but the railroad rates Om not allo districts farther south to I compete for this trade With some favor from the D It G folks there are many points in Colorado which Lich could supply but at the present I rates the grain of the eaSt can be laid at tbocepoiiifc chcjpcrthm we just across the border can deliver it The D II G have cut little on outgoing freight and several Utah merchants have oeeii enabled to ship heave quantities of potatoes pota-toes into Colorado at paying figures But tie Colorado potato men have become cwarc of this and have covered our IHCCS v0 that those shipment have i a ijsin ceased Oats we yesterday r 1 lamed will probably soon find a good market in Butte andHelena but here j sain ache Valley will be the only dis tnctto reap the advantage The corn crop of Utah for 84 k a total failure and eastern corn is all that i4 ecu in tile market A local hog and stock raiser f yesterday received a car load of eastern white delivered in this tin at i i 112 per bushel i Bishop Sharp cos jetrrdiy asked i what he knew about the fact of the U IP s delivering Kansas Iowa and Nebraska grain into Idaho and Mon i tana at rates le > than Utah could lay i it down for at the same points he replied j re-plied that he knew little aoout it lKing l I unacquainted with the local prices of I grain in the three States named 1 the U i though he said had to compete wIth the Xortheru Pacific for Montana trade and some low rates might be illow ed oil that account The dividend i on the Utah Central has Us yet had no effect on the stock two I 1 locks have been offered at Win the 1It few weeks without taker One mid Bullion The receipfcref ore and bnUlifii at the I banks ill this city for till week just I pat j mou lt4ttlIiINf f tt TJuy were I chtribute < l15 fcilititvs i BJ JrI iii lirjf c Co Value I 11 rJr < TI ar > Honi Silver Bullion 3000000 1 Fars Ontario JO4V > 22 S i I liar Vienna 31 1 I Co Iullktu i iar ilnnJ 1 i > 44oO RarsSgc arsj < r ijQOOO I i i i Tota ro3G22 bra lId raid f OJ S 10 Curs lIaner Value ius vr uuinuil 5920000 Lts o rre wnt 1000000 I 7 1 w evada ore lGSOOO Lot Earcfca Hill ore 4J200000 I Total 034SOOO v I T hleure d OJ 1 Car Day bullion Ylluc 45058 iota l1iNtJCntJ for week 27080 89 lli The lloiii fc ih < r he 1 wm be seen that this property ceps up it weekly output The last uv 4 tiolllJf 1 mn of the stork was Il 3 The Outnrjo l declared its regular dividend 14 71 lUng to 570000 The stock seems ve a > Jjl sales 1 aMoffas es or offers have been Qf fur tike past week I Tt Crescent nOt Yet commenced shipping over ttamway Ore still comes down v J rugh adily and ii sold in this market 1 IcCornick j6 n s at bon Co Stock ic lanreeks figure 150 1 < r ltultlon TVU > 14 > > ck and Clinnuilon I I John to tP rtiohn Beck informed THE HERALD I e QPetle otcer day that developments in his I r ies 1 grc better and better every i lFntp t fivp Inen ton arc now employed ands I in and-s per day I are now Jed to 1F the Germania age front The ore I h tti thirty to forty omIcl i uut15 to thctonU I QUeen of tIle lulls d f hilt Ias illrrfc1 out its first car i lofsOt I ncelltration 119 atiuns and ae oruewhere I elhborhool of 1000 has been iji j yen net from the Eale Ftiture tit 9w J I in all IS I nrobabilfty come BS3 i The aiaxfleld This property owned by a Boston company is represented here by ilrW F James one of its principal owners R N Uaskinis also a director in the company and a considerable owner The mine has lately come to the front as a producer of ore of an excellent grade and is now almost the only property prop-erty of any note being worked in the Big Cottonwood liaming LS done entirely en-tirely by team down this canyon and about ten tons each day are delivered < at the sampling mills in Sandy The working force Ls now twenty men The ore averages 00 ounces in silver and goes about 00 per cent lead Tho Sells Colonel Sells Son after having spent a oung fortune on their property in Little Cottonwood seem now in a fair way to have some I of their outlay returned They will shortly ship seven or eight tons of their ore to this market and expect to run all the way from 25 to 73 ounces in silver The Telegraph not the Old Telegraph but the property owned by Messrs Hoflmanf and Kahn Bros Co and which has recently been under lease to lIon D H Wells is now I standing idle Mr Hoffman states however that a meeting of the company com-pany will be held with a view to devising devis-ing means for resuming work The roulltain ChIef This mine in which Mr Pierrepont of this city Mr Pace and several other gentlemen prominent in Southern Utah are heavily interested contains a heavy body of lead ore The smelter now in course of erection will be finished near the 1st of October when the company expects to make regular shipments of 30 ounce bullion to this city If the hopes of the projectors are realized the Mountain Chief will prove a material lift to the southerly district I I The Stewart J I This property on which Gilmer and Salisbury have spent a vast amount of money and to crush the ores of which a 20 stamp mill was some time ago erected now rests entirely idle the ore is of too Iowa tons grade we understand to justify further operations under the present facilities The Hiatt Mr Laron Cummings friends will be pleased to learn that the property to which he has recently been giving his attention shows indications of turning out prosperously for its owners The Hiatt Ls owned by Time Marshall V E Smedley and Mr Cummings and the last named gentleman has secured a Ilea I-lea e from the other owners he has four men now at work and expects to make a shipment of ten tons within the next few days the ore he thinks will average 50 ounce > and carries about 12 in gold lie states that the expected shipment will rive him u net result of I 2o per ton |